Carbon offsetting results from the voluntary or mandatory restrictions set by governing bodies for specific industries that produce a high volume of carbon dioxide gas. GHG emissions are fundamental to the explicit nature of countless business models worldwide. The 1992 Kyoto Protocol marked the beginning of our acceptance and understanding of the issue. Peaking sea levels and exorbitantly variant world temperatures are now international concerns that transcend borders.
What is carbon-offsetting?
Offsetting involves measures that maintain the global CO2 levels within an acceptable range. The carbon credit system was introduced to ensure that the emissions did not cross the aggregate threshold. Companies prone to releasing a higher concentration of CO2 into the atmosphere are encouraged to buy carbon credits from businesses with a negligible contribution to the phenomenon of global warming. Frequently, such enterprises are built in developing countries. They contribute to the environment by several methods inhibiting the GHG vapor discharge.
How is carbon offsetting done?
Private jet charter companies can buy credits from green projects. Models built on the concept of renewable energy are sizeable contenders among the bunch. Solar power, wind energy, biofuel, and HEP are perfect for limiting the carbon footprint of GHG-emitting business ecosystems. Reforesting of deforested land and the afforestation of neglected areas is also possible. The reclamation of waterlogged and salinated soil is a part of the process. Furthermore, CO2 sequestration and carbon capture are also becoming increasingly popular.
Is tree-planting helping to offset carbon?
Nothing is as simple as Greta Thunberg puts it out. Forests need to be protected, but that’s only the tip of the iceberg. The effectiveness of reforestation programs is debatable. Reports claiming that a certain trillion trees can get rid of a quarter of the world’s CO2 are categorized as misleading. They grossly overestimate the positive change – by as much as 500%. Additionally, the darkness associated with dense canopies is responsible for trapping heat within forests, ultimately aiding global warming. Surprisingly, few particles emitted by trees can stick to certain chemicals in the air and form aerosols, inevitably damaging the ozone layer. All in all, the effect is negligible compared to the gravity of unsustainable businesses.